Futures Flat Ahead Of Core PCE, China Caps Best Week Since 2008 After Firing Stimulus Bazooka S&P 500 futures are little changed after the cash index hit its 42nd record high for 2024 on Thursday as traders looked to the Fed’s favorite inflation indicator, the core PCE, later Friday for clues on the trajectory of interest rates after a robust GDP data revision. As of 8:00am, S&P futures were down 0.1%, Nasdaq futures dipped 0.2% as megacap tech stocks were mostly lower with NVDA falling -1.3% pre-market. Treasuries rise with 2-, 5-, 10-yr yields 0.41bp, 1.21bp, 1.53bp lower, respectively. The… — Continue at ZeroHedge News : Read More
Home » Futures Flat Ahead Of Core PCE, China Caps Best Week Since 2008 After Firing Stimulus Bazooka – Tyler Durden